RENOVATED FOURPLEX on DEEP LOT & DETACHED 2.5 CAR GARAGE. Market Rents with 6% Cap rate. Tenants pay Heat & Hydro,Landlord pays water only. NEW Interiors, Electrical, Plumbing, Heating, & Kitchens, Flooring, Appliances (including washers and dryers). Turnoverswould simply be a clean and fresh paint. Approx $220k in upgrades. Welcome to 152 Terrace Hill Street, North Ward, Brantford. This property,meticulously renovated, offers a lucrative investment opportunity. With potential for a 5th unit addition and existing plans, it features 3-1 bedroom and 1-2bedroom units, each self-contained with tenants handling expenses except water, ensuring robust cash flow. Recent upgrades include individual hotwater tanks, heating systems, stainless steel appliances, washers/dryers, and basement waterproofing. A detached 2-1/2 car garage adds rentalpotential. Ideal for savvy investors seeking a turnkey property in a thriving rental market. Situated near hospitals, schools, university, shopping, parks, andbus routes, plus easy access to HWY 403, ideal for commuters. **** EXTRAS **** Situated near hospitals, schools, university, shopping, parks, and bus routes, plus easy access to HWY 403,ideal for commuters (id:50886)
MLS® Number | X9258082 |
Property Type | Single Family |
AmenitiesNearBy | Hospital, Park, Public Transit, Schools, Place Of Worship |
ParkingSpaceTotal | 6 |
BathroomTotal | 4 |
BedroomsAboveGround | 4 |
BedroomsTotal | 4 |
Appliances | Water Heater, Dryer, Range, Refrigerator, Stove, Washer, Window Coverings |
BasementFeatures | Separate Entrance |
BasementType | Full |
CoolingType | Central Air Conditioning |
ExteriorFinish | Brick |
FlooringType | Laminate |
FoundationType | Concrete, Stone |
HeatingType | Heat Pump |
StoriesTotal | 2 |
Type | Fourplex |
UtilityWater | Municipal Water |
Detached Garage |
Acreage | No |
LandAmenities | Hospital, Park, Public Transit, Schools, Place Of Worship |
Sewer | Sanitary Sewer |
SizeDepth | 188 Ft |
SizeFrontage | 41 Ft ,8 In |
SizeIrregular | 41.73 X 188.08 Ft |
SizeTotalText | 41.73 X 188.08 Ft|under 1/2 Acre |
ZoningDescription | Rc Os1 |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Basement | Living Room | Measurements not available | ||
Basement | Bedroom | Measurements not available | ||
Main Level | Living Room | Measurements not available | ||
Main Level | Kitchen | Measurements not available | ||
Main Level | Bedroom | 3.04 m | 3.66 m | 3.04 m x 3.66 m |
Main Level | Bedroom | Measurements not available | ||
Main Level | Living Room | Measurements not available | ||
Main Level | Kitchen | Measurements not available | ||
Main Level | Bedroom | Measurements not available | ||
Main Level | Living Room | Measurements not available | ||
Main Level | Kitchen | Measurements not available | ||
Main Level | Bedroom | Measurements not available |
https://www.realtor.ca/real-estate/27300978/152-terrace-hill-street-brantford
Contact us for more information
Jake Nicolle
Salesperson